Troux Technologies Reports Record Growth in 2007

Significant Customers Wins and Breakthrough Technology Innovations Highlight Banner Year

Knowledge Center    

Austin, Texas - (Jan. 28th, 2008) - Troux Technologies, the leading provider of strategic IT planning software for Global 2000 enterprises and governments, announced a record year, spurred by enterprise demand for its solutions which arm IT teams to accelerate and scale business change initiatives.

Troux's software platform and solutions support business initiatives such as corporate cost reduction, geographic expansion, business consolidation, and mergers and acquisitions, which require instant visibility into the interdependencies of the organization's applications, technology, processes and people, providing actionable alternatives to accommodate organizational goals.

Key 2007 initiatives included:

  • Major new deals, which continue to expand Troux's presence in leading vertical markets and new geographies. Representative customers include AstraZeneca, Barclays Bank, Disney, Dell, Department of Homeland Security, Fiducia, Los Alamos National Laboratory, GMAC, Vocalink and Vodafone. Many customers worked with the engineering team as part of Troux's design partner program, ensuring that Troux's technology innovations support immediate customer needs.
  • Availability of Troux 7, a comprehensive strategic IT planning solution based on the company's market-leading Enterprise Architecture (EA) technology, designed to deliberately and systematically reduce costs, manage risks and drive investments. Troux 7 introduced a number of industry firsts including Troux InitiativeTM and Troux ComposeTM
  • New and expanded partnerships with industry leading technology vendors including Accenture, EDS, CSC, Business Objects and Cognos.
  • Strengthened Leadership Team including the appointment of David Hood as CEO and Scott Edgington as senior vice president of sales and alliances and Emeka Obianwu as VP Strategic Alliances. These leaders previously held executive roles at Cisco, BEA Systems and IBM.
  • Continued thought leadership with record attendance at its three user conferences where audiences in Austin, Washington, DC and London including case studies from Boeing, BBC, the Department of Homeland Security, Dell, the Ministry of Defence and AMD. Additionally, thought leadership continues at A and G Magazine, with subscriptions now reaching more than 16,000 readers worldwide.

Quotes

“We've seen a tremendous change in the way businesses view strategic IT planning. The CIO must have instant access to reliable intelligence, better insight into complex interdependencies and have the ability to assess impact analysis through scenario planning,’ said David Hood, CEO of Troux. “This has spurred a growing awareness for strategic IT planning software, embodied in Troux 7 and our entire product suite. Market adoption of Troux solutions resulted in our strongest year, and we are confident that this demand will extend our record momentum in 2008 and beyond.’

About Troux

Troux Technologies develops solutions designed specifically to help companies strategically plan for business transformations such as reduction of costs and risks and supporting growth initiatives. Troux’s strategic planning software uniquely delivers timely, accurate and fresh data for dynamic planning with the ability to track progress, giving executives the visibility and information needed to make informed business decisions. More than 200 Global 2000 companies and government organizations, such as Astra Zeneca, Barclays, British Telecom, Warner Bros., Boeing, AMD and Dell, use Troux’s software platform to create an up-to-date view and contextual relationships of the business processes, technology and people that comprise the current company landscape. To learn more: www.troux.com.

Media Contacts

Inquiries:
Jennifer Lake
Lois Paul & Partners
(512) 638-5313
Jennifer_lake@lpp.com

Copyright 2008 Troux Technologies, Inc. All rights reserved. Troux and Metis by Troux are trademarks of Troux Technologies, Inc. All other company and product names mentioned are used only for identification and may be trademarks of their respective companies.

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